Judge Miriam Goldman Cedarbaum, presiding over the trials of publisher Martha Stewart and her former stockbroker Peter Bacanovic, yesterday said she would allow friends of prosecution witness Douglas Faneuil to testify about conversations they had after Stewart sold shares of ImClone Systems Inc. through Faneuil (“Setback Seen for Broker in Stewart Judge Ruling,” by Constance L. Hays).

According to the Times, “The ruling permits jurors to hear evidence of Mr. Faneuil’s conversations with his friends, in which he apparently told them he had done something wrong and was worried about it.”

Why might this be “something?” Well, after overcoming initial jitters, Faneuil last week displayed a distinct flair for the dramatic during his appearance in U.S. District Court. His theatrics, which reportedly grew more pronounced following the apparent appreciation of some jurors, went so far as to draw an objection from Stewart’s lead attorney, Robert Morvillo. “I’m going to object to the acting,” Morvillo said, but was overruled.

I know, I don’t know these guys, Faneuil’s friends. But believe me, I know these guys. And the whole thing has me almost wishing I were in New York for a chance to watch what’s likely to be quite a performance.

I also know I wouldn’t want to be around Faneuil’s friends the night beforehand: “What are you going to wear?” “I don’t know, what are you wearing?” “I just don’t know!”

He received the 2002 Koufax Award for Best Post> for "Al Gore and the Alpha Girls" (published November 25, 2002). Capozzola's record in the Koufax Awards includes two additional nominations for 2002 (Best Blog and Best Writing), three nominations for 2003 (Best Blog, Best Series, and Best Writing), and two finalist nominations in 2004 (Best Blog and Best Writing).

Capozzola’s experience beyond the blogosphere includes a lengthy career in financial journalism, securities analysis, and investment research, and in freelance writing, editing, ghost-writing, and writing instruction.

He earned his bachelor's degree in political science from the University at Albany and a master's in foreign affairs from the University of Virginia.

Capozzola lives in Philadelphia with his bulldog, Mildred.

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